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Michelle Obama, Class-Warfare, and Clueless Hypocrisy

Michelle Obama, Class-Warfare, and Clueless Hypocrisy

by Dan Mitchell | Aug 22, 2024 | Blogs, Taxation

I used to think the world’s biggest hypocrites were the bureaucrats at international bureaucracies such as the Organization for Economic Cooperation and Development and the International Monetary Fund. They jet around the world at our expense (in...
Kamala’s Proposed Increase in the Corporate Tax Rate: The Good News and Bad News

Kamala’s Proposed Increase in the Corporate Tax Rate: The Good News and Bad News

by Dan Mitchell | Aug 20, 2024 | Blogs, Economics, Taxation

As part of her tax-and-spend agenda, Kamala Harris says she wants to increase the federal corporate tax rate from 21 percent to 28 percent. While it doesn’t seem possible, there is a tiny sliver of good news in her proposal. I’m happy that she isn’t proposing to...
Minnesota’s Failed Class-Warfare Tax Policy

Minnesota’s Failed Class-Warfare Tax Policy

by Dan Mitchell | Aug 8, 2024 | Blogs, States, Taxation

Writing about Mitt Romney’s selection of Paul Ryan in 2012, I opined that, “…it probably means nothing. I don’t think there’s been an election in my lifetime that was impacted by the second person on a presidential ticket.” I feel the same way about Tim Walz, who is...
The OECD Pushes (Again) for Class-Warfare Taxation

The OECD Pushes (Again) for Class-Warfare Taxation

by Dan Mitchell | Jul 31, 2024 | Big Government, Blogs, Taxation

If Joe Biden and Kamala Harris proposed to give taxpayer funds to pro-tax, pro-spending groups like the Center for American Progress or the Center on Budget and Policy Priorities, Republicans presumably would argue against handouts. After all, why...
Labour’s Class-Warfare Raid Will Cause Rich People to Leave the United Kingdom

Labour’s Class-Warfare Raid Will Cause Rich People to Leave the United Kingdom

by Dan Mitchell | Jul 23, 2024 | Blogs, Tax Competition, Taxation

I wrote a couple of days ago about the possibility of confiscatory taxes in France and whether that would lead to an exodus of upper-income taxpayer. Since that’s happened before, it’s very realistic to think it will happen again. Now let’s...
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